🚀 Crypto Today – April 25, 2025
Daily summary with the highlights of the market
📈 Bitcoin remains strong above $94,000 USD
Bitcoin (BTC) is currently trading at $94,492 USD, consolidating its position after a recent surge. This bullish movement is attributed to:
Positive inflows in ETFs: Exchange-traded funds have seen an increase in investments, boosting the demand for BTC.
Rumors of tariff reductions by Trump: The possibility of a decrease in tariffs has generated optimism in the markets.
Short position covering: Investors who were betting on a price drop are closing their positions, adding bullish pressure.
However, BTC failed to break the resistance of $95,000 USD, suggesting a possible consolidation before a new bullish attempt.
🧠 Other key news from the crypto ecosystem:
Options expiration worth $8 billion: Today, Bitcoin and Ethereum options worth $8 billion expire, which could generate volatility in the market. BeInCrypto
CME to launch XRP futures: CME Group announced plans to launch XRP futures contracts, reflecting the growing institutional demand for this cryptocurrency. CriptoNoticias+1TradingView+1
The Federal Reserve withdraws cryptocurrency guidelines for banks: The Fed has removed its guidelines on crypto financing for banks, which could open new opportunities in the financial sector. es.ihodl.com
SoftBank reinvests in Bitcoin: After a significant loss in 2018, SoftBank has resumed its investments in Bitcoin, reflecting renewed confidence in the crypto market.
📊 Current prices
BTC: $94,492
ETH: $1,772.7
BNB: $603.61
😂
"When you sold at $60k thinking it would drop to $30k…"
